Bitcoin Forum
June 16, 2024, 06:38:34 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
Author Topic: Don't be wiser than the market  (Read 830 times)
Zilon (OP)
Sr. Member
****
Offline Offline

Activity: 966
Merit: 421

Bitcoindata.science


View Profile WWW
January 27, 2022, 02:42:27 PM
Last edit: January 27, 2022, 04:05:19 PM by Zilon
 #1

Following the 📉📈 has been the best advice and has been the most secure way of making it big in trading a principle that will bring about a smooth profit reality but most times we predict where we want the market to go. Been too sure could cost you alot, remember trend change and no market direction lasts for ever.

Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.

OcTradism
Hero Member
*****
Offline Offline

Activity: 1778
Merit: 809



View Profile WWW
January 27, 2022, 03:07:52 PM
 #2

No one prohibit you to be wiser than the market. You have freedom to be like that IF you can. Unfortunately, most of us can not win against the market so it means we are not wiser than the market.

There are experienced and genius people who can be like that but I am not a person like that and many of us are not.

In addition, most of traders on the market are losers. If you want to get profit from the market, it is not mandatory to be a market winner, you just simply do good and long term investment. That is easier than trading and being a hard-core trader.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Jawhead999
Legendary
*
Offline Offline

Activity: 1680
Merit: 1179


View Profile
January 27, 2022, 03:12:34 PM
 #3

I think experiences is the best when it comes to trading, we all know candlestick, scalping and trend wouldn't work 100% but we can't deny most of people who learn trading will learn that as the basic trading courses. Trial and error are normal, probably just repeat the same strategy and look how reliable it is, if the strategy mostly go wrong/different than your analysis... try the other strategy until you find the strategy that work for you.
jackg
Copper Member
Legendary
*
Offline Offline

Activity: 2856
Merit: 3071


https://bit.ly/387FXHi lightning theory


View Profile
January 27, 2022, 03:16:52 PM
 #4

Yeah following the trend over a long term is probably one of the best strategies to use (as long as you can work out when and whether to pull out of certain things).

Short term trading strategies shouldn't be learnt using a lot of your portfolio and you shouldn't be using more than about 10-30% risk of your portfolio on a strategy just in case it fails too many times once.
palle11
Sr. Member
****
Offline Offline

Activity: 2338
Merit: 332


View Profile
January 27, 2022, 03:19:40 PM
 #5

I think your title is not relating to your analysis in your post.
Maybe you have to edit it to " You have to be wiser than the market". This is because it is wise traders that can make profit from the market and those not wise will lose. If you make profit from the market that means you have beaten the market to it. Exiting the market early enough, entering at the right time, reading the chart and analysing very well , including doing the right things in the market to make profit is being wiser. You don't make profit in the market if you are not wiser.
Wexnident
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 666


I don't take loans, ask for sig if I ever do.


View Profile
January 27, 2022, 04:33:31 PM
 #6

Or, you can just hold. Remove the stress in trying to invest and just keep on investing. Learning the bare minimum together with investing in coins that would develop in the long run, and not just built up hype, would help you a lot. Honestly, short-term is not really something I'd let someone new to trading do, heck even long-term traders would probably say that they don't particularly like something like day trading. It's just way too much stress imo, especially for newbie traders.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Ararbermas
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 283


View Profile
January 27, 2022, 06:02:54 PM
 #7

Yhup its always a good advice to follow the trend because even you made mistakes there's always a second chance to recover your loss and you can still bring your portfolio into green at the end of the day. Unlike trading without knowing your against the trend because to be honest its been my common mistake and it's like you're competing the market and of course all the results will be negative. Cheesy 
so98nn
Hero Member
*****
Offline Offline

Activity: 2086
Merit: 603


View Profile
January 27, 2022, 06:28:54 PM
 #8

It may seem easy to follow up with the trend however it is not that simple as it seems.
Crypto trading is complete game and if you wanna go with the trend then huge amount of trust is needed when you are choosing the assets.

If we gonna get wiser than market then this needs to be buckled up pretty well. Immense study, proper execution from bearish to bill trend is indeed needed while working on these methods.
Oshosondy
Legendary
*
Offline Offline

Activity: 1484
Merit: 1146


Gamble responsibly


View Profile
January 27, 2022, 06:54:00 PM
 #9

Experience is all that matters most while trading, it is true to not trade more than the amount that can be affordable to be lost, because trading can be other way around many times which will not favor the trader at all. Experience matters, someone that have the experience already would have known the do and don't of trading but new traders should be very careful they should not be wiser because it is clear how they can trade and lose significantly.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
The Cryptovator
Legendary
*
Offline Offline

Activity: 2282
Merit: 2196

Signature Space For Rent


View Profile WWW
January 27, 2022, 07:15:01 PM
 #10

Yea, I have to agree that we usually predict where we want to see the price. But it doesn't happen most of the time and regrets it eventually. I am one of the people who decide to trade with the trend. Once the market starts to dump then I make a target where should I take my first entry. If continue dump then I sent my second entry. That's how I decide to take entry step by step. If start pumping again, then I just hold my assets and sell them for profit. But for that we need patience. If the price continues to dump that I bought shouldn't be panic. Otherwise, we can't make a profit. That's how I trade now, but I like slow trading, not day trading.

SIGNATURE SPACE FOR RENT
stomachgrowls
Hero Member
*****
Offline Offline

Activity: 2898
Merit: 773



View Profile
January 27, 2022, 07:22:20 PM
 #11

Following the 📉📈 has been the best advice and has been the most secure way of making it big in trading a principle that will bring about a smooth profit reality but most times we predict where we want the market to go. Been too sure could cost you alot, remember trend change and no market direction lasts for ever.

Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.

Dont try to be perfectionist and this would be the key and i cant deny that i do have this kind of mindset wayback on trying out to have perfect trades and wouldnt really tend to make a losing one
which it did really frustrate me off when i do have loss some trades and made me realize that dealing with the market isnt simple as it looks or simply as you do heard off because once you are on the market dealing off with yourself then making the next move would be always a big question.

Dont really be that confident that you could able to handle everything out because this isnt how the reality works.If you wont able to believe so then test it out for yourself.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Mauser
Hero Member
*****
Offline Offline

Activity: 1834
Merit: 529


View Profile
January 27, 2022, 07:41:29 PM
 #12


Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.


Amen brother! There is no need to force returns in the market in one day, we are just a small trader compared to the total market and can't influence the prices. Assuming that our trades would have any real price impact is like thinking that we know more than the market, what is wrong. Like you said there will always be another day and another chance to make a profit. We shouldn't worry about missed opportunities, that is just greed speaking in our head. Following a good strategy and relying on fundamental and technical analysis will help us to prevent reacting on our emotions. Trading is a hard business and requires a lot of work for staying ahead, and still requires some luck to make a profit.  
Finestream
Hero Member
*****
Offline Offline

Activity: 3066
Merit: 606



View Profile
January 27, 2022, 08:04:08 PM
 #13


Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.


Amen brother! There is no need to force returns in the market in one day, we are just a small trader compared to the total market and can't influence the prices. Assuming that our trades would have any real price impact is like thinking that we know more than the market, what is wrong. Like you said there will always be another day and another chance to make a profit. We shouldn't worry about missed opportunities, that is just greed speaking in our head. Following a good strategy and relying on fundamental and technical analysis will help us to prevent reacting on our emotions. Trading is a hard business and requires a lot of work for staying ahead, and still requires some luck to make a profit. 
This is the reason that those who insist to be more wiser than the market ends up to be frustrated and lose their patience. Based on my own experience, trading is really hard and in most cases, you have to admit to yourself that you can't do winning the trades all the time. Losses will always happen even how much you try avoiding it. So its better if we can learn to adjust and ride with the market, than to see yourself struggling to make profits.

kawetsriyanto
Legendary
*
Offline Offline

Activity: 2268
Merit: 1117


Smart World Global Token


View Profile
January 27, 2022, 09:18:35 PM
 #14

If it doesn't work out In a single trade take a rest and try again some other day.
Agree with you, don't force ourselves in trading. If it seems to not work well and the market situation is not friendly enough, it is better to stop trading temporarily. Taking a rest and planning to try again the next day is a better option, no need to force trading on that day. I'm also working as a day trader but I don't always trade every day, I trade when I think the market condition is suitable for trading. When the market is decreasing severely and it seems to continue for several days, I avoid trading and prefer to wait-see for a moment.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






Johnyz
Full Member
***
Offline Offline

Activity: 2086
Merit: 193


View Profile
January 27, 2022, 09:44:32 PM
 #15

Experience is all that matters most while trading, it is true to not trade more than the amount that can be affordable to be lost, because trading can be other way around many times which will not favor the trader at all. Experience matters, someone that have the experience already would have known the do and don't of trading but new traders should be very careful they should not be wiser because it is clear how they can trade and lose significantly.
We all started with zero experience and we all know the risk of trading if you do it with zero knowledge so its really advisable to study and learn trading first, this is very important so you can achieve your goal in trading. TA allows you to timing the market, many forget this and becomes greedy the result is not good for them so if you do trading always have your confidence and analysis to become more effective.
Kelvinid
Sr. Member
****
Offline Offline

Activity: 2828
Merit: 344

win lambo...


View Profile
January 27, 2022, 09:46:06 PM
 #16

If it doesn't work out In a single trade take a rest and try again some other day.
Agree with you, don't force ourselves in trading. If it seems to not work well and the market situation is not friendly enough, it is better to stop trading temporarily.

This is the common reason why people had failed and lose their money. There is so much pressure from themselves to learn trading which wasn't the thing to do. And in fact, many people wanted to take the shortcut but somehow, they don't find any. We simply can't just underestimate the market nor we can even be wiser as it was because nobody can predict what will happen next. And this is a reason why traders especially newbies suffer losses before they learn more and become experts.

Honestly, nobody had become wiser than the market even trading experts can't compare to it.
adzino
Copper Member
Hero Member
*****
Offline Offline

Activity: 2968
Merit: 574


www.Crypto.Games: Multiple coins, multiple games


View Profile
January 27, 2022, 11:13:42 PM
 #17

This is obvious for some people, but most people don't get it. They follow the market trend or prediction and thinks that they are doing the right thing. But when those prediction doesn't turn out to be true and people loses money, they start calling crypto currencies a scam. All those price predictions are just predictions and nothing else. There is no certainty that what was predicted will happen and it will follow the trend or not. The market is very volatile and any events can cause a huge impact on the price deviating the market from the trend. That's why short term trading is very risky and long term holding has less risk.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
goinmerry
Legendary
*
Offline Offline

Activity: 2940
Merit: 1083


View Profile
January 27, 2022, 11:20:22 PM
 #18

When Bitcoin price increases by 10%, everyone will say "the dip is over!"

When Bitcoin price decreases by 10%, "damn bullshit bear is coming!"

There are really times that people are dragged by the hype. It's common. But to predict something out from that reference only, it's inappropriate. Never ever be wiser than the market but instead, be wise on our strategy how to go with the flow with the market.
24Kt
Member
**
Offline Offline

Activity: 1092
Merit: 67


View Profile
January 27, 2022, 11:35:14 PM
 #19

When Bitcoin price increases by 10%, everyone will say "the dip is over!"

When Bitcoin price decreases by 10%, "damn bullshit bear is coming!"

There are really times that people are dragged by the hype. It's common. But to predict something out from that reference only, it's inappropriate. Never ever be wiser than the market but instead, be wise on our strategy how to go with the flow with the market.

You can strategize on how to take advantage of the market, whether it is in bearish or bullish season. A smart trader can always earn profit no matter what the condition of the market is. It would be a challenge for everyone to find a good technique on how to lessen losses let alone earn profits. But it takes experience on how to survive in this market. If you will give up easily, you won't achieve what you desire in this market.
GreatArkansas
Legendary
*
Offline Offline

Activity: 2352
Merit: 1355


Playgram - The Telegram Casino


View Profile WWW
January 27, 2022, 11:57:52 PM
 #20

This is one of the best methods I am doing when doing trading. I am with the trend or avoid countering the trend.
Catching some dumps/pumps for me especially when using leverage is like catching a falling knives, so for me that kind of method is somehow not effective but there are some who making profits with this especially when they are on the right time.

▄▄███████▄▄███████
▄███████████████▄▄▄▄▄
▄████████████████████▀░
▄█████████████████████▄░
▄█████████▀▀████████████▄
██████████████▀▀█████████
████████████████████████
██████████████▄▄█████████
▀█████████▄▄████████████▀
▀█████████████████████▀░
▀████████████████████▄░
▀███████████████▀▀▀▀▀
▀▀███████▀▀███████

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
 
Playgram.io
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

▄▄▄░░
▀▄







▄▀
▀▀▀░░
▄▄▄███████▄▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄██████████████▀▀█████▄
▄██████████▀▀█████▐████▄
██████▀▀████▄▄▀▀█████████
████▄▄███▄██▀█████▐██████
█████████▀██████████████
▀███████▌▐██████▐██████▀
▀███████▄▄███▄████████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀▀███████▀▀▀
██████▄▄███████▄▄████████
███▄███████████████▄░░▀█▀
███████████░█████████░░
░█████▀██▄▄░▄▄██▀█████░
█████▄░▄███▄███▄░▄█████
███████████████████████
███████████████████████
██░▄▄▄░██░▄▄▄░██░▄▄▄░██
██░░░░██░░░░██░░░░████
██░░░░██░░░░██░░░░████
██▄▄▄▄▄██▄▄▄▄▄██▄▄▄▄▄████
███████████████████████
███████████████████████
 
PLAY NOW

on Telegram
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!